UBS ETRACS Alerian MLP ETN Series B SEC Filings

UBS AG is offering $286,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the SPDR S&P Regional Banking ETF (KRE), the Russell 2000 Index (RTY) and the S&P 500 Index (SPX), due September 28, 2027. The Notes pay a contingent coupon of 11.35% per annum only if, on each monthly observation date, the closing level of each underlying is at or above its coupon barrier.

UBS may call the Notes in whole on any monthly observation date beginning after 3 months, paying the $1,000 principal per Note plus any due coupon. If not called, investors receive $1,000 at maturity only if the final level of each underlying is at or above its downside threshold; otherwise, the repayment is reduced by the negative return of the least performing underlying and could be zero. Barriers and thresholds are set at 70.00% of initial levels: KRE $42.13, RTY 1,737.860, SPX 4,716.91.

The issue price is $1,000 per Note, and the estimated initial value is $969.70. Observation dates are monthly; the Notes are not listed. All payments are subject to the creditworthiness of UBS.

UBS AG launched a preliminary 424B2 for Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator Index. The Notes offer 17.50% per annum contingent coupons when the index closes at or above the coupon barrier on monthly observation dates and may be automatically called after six months if the index is at or above the call threshold (100% of the initial level).

The Notes mature on or about October 29, 2031. If not called, principal is repaid at maturity only if the final index level is at or above the downside threshold (50% of the initial level); otherwise, repayment is reduced one-for-one with the index decline. The index includes a 6.0% per annum decrement, targets 35% volatility, and can use leverage up to 500%.

Per-Note economics: issue price $1,000; estimated initial value $934.40–$964.40; underwriting compensation $2.50; proceeds to UBS $997.50; a separate $7.50 marketing fee may apply. The Notes are unsecured obligations of UBS and will not be listed.

UBS AG filed a 424B2 preliminary pricing supplement for Conversion Yield Notes maturing on or about April 24, 2026, linked to the clean price of the 20‑Year U.S. Treasury Bond (4.875% due Aug 15, 2045). The Notes pay a 7.70% per annum coupon on the maturity date regardless of the bond’s performance.

At maturity, if the bond’s final clean price is at least the initial clean price, investors receive the $1,000 principal per Note. If it is lower, UBS will deliver a physical delivery amount of the bond equal to $1,000 divided by the conversion price (initial clean price plus 0.9157% UST accrued interest), with cash for any fraction; this is expected to be worth less than principal. The Notes are unsubordinated, unsecured obligations of UBS and are not listed.

Economics per Note: issue price $1,000, underwriting discount $5, and proceeds to UBS $995. The estimated initial value is expected between $959.40 and $989.40. Key dates: trade Oct 21, 2025, settlement Oct 24, 2025, final valuation Apr 17, 2026, maturity Apr 24, 2026. Early redemption may occur upon defined underlying asset acceleration events.

UBS AG is offering $1,473,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the Energy Select Sector SPDR Fund, due October 20, 2028. The notes pay a contingent coupon at 11.90% per annum (about $9.9167 per $1,000 monthly) only if, on each observation date, all underlying assets close at or above their coupon barriers.

UBS may call the notes on any monthly observation date after 6 months; if called, investors receive principal plus any due coupon and no further payments. If not called, investors receive principal at maturity only if each final level is at or above its downside threshold (60% of initial); otherwise, the payoff is reduced by the decline of the least performing asset, and losses can be total. Initial levels/barriers: NDX 24,817.95/75%/60%; RTY 2,452.173/75%/60%; XLE $85.98/$64.49/$51.59.

Issue price is $1,000 per note; the estimated initial value is $977.70. The notes will not be listed and all payments are subject to UBS credit risk.

UBS AG is offering $3,681,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector Index and the Russell 2000 Index. The Notes pay a contingent coupon of 11.75% per annum (scheduled at $9.7917 per Note per monthly observation) only if each index closes at or above its coupon barrier on the observation date. UBS may call the Notes at its discretion on any monthly observation date beginning after 3 months, returning principal plus any due coupon.

If the Notes are not called and each index finishes at or above its downside threshold at maturity on September 22, 2027, investors receive principal back. If any index finishes below its downside threshold, repayment is reduced one-for-one with the decline of the least performing index, up to total loss of principal. Barriers and thresholds are set at 70.00% of the initial levels (INDU 32,333.43; NDXT 8,902.00; RTY 1,716.521). The estimated initial value is $983.60 per Note. The Notes are unsubordinated, unsecured obligations of UBS, will not be listed, and all payments are subject to UBS’s credit.

UBS AG is offering $973,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Meta Platforms, Inc. common stock, maturing on October 19, 2028.

The notes pay a 10.25% per annum contingent coupon ($25.625 per quarter) only if META’s closing level on an observation date is at or above the coupon barrier $462.85 (65% of the initial level). They are automatically called on a quarterly date (beginning after 6 months) if META closes at or above the call threshold $712.07 (100% of initial), returning principal plus any due and previously unpaid coupons. If not called, principal is repaid at maturity only if META’s final level is at or above the downside threshold $462.85; otherwise, repayment is reduced one-for-one with META’s decline.

Per note economics: $1,000 issue price; underwriting discount $15; proceeds to UBS $985; estimated initial value $974.20. The notes are unsecured and subject to UBS credit risk and will not be listed on an exchange.

UBS AG is offering Contingent Income Callable Securities linked to the S&P 500 Index, totaling $10,317,000 at $1,000 per security. The notes can pay $20.00 per determination date (equivalent to 8.00% per annum) if the index closes at or above the coupon barrier of 5,303.26, which is 80.00% of the initial index level of 6,629.07.

UBS may call the notes on any determination date (except the final one) regardless of index level, returning principal plus any due contingent payment. If not called and the final index level is below 5,303.26, repayment is reduced one-for-one with the index decline, and investors could lose all principal. If the final index level is at or above the downside threshold, investors receive principal plus the final contingent payment. These are unsecured, unsubordinated obligations of UBS and are subject to UBS credit risk. The estimated initial value is $975.70 per note; total selling concessions equal 1.50%, with proceeds to UBS of 98.50%.

UBS AG is offering $280,000 of Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock, due October 22, 2026. These unsecured, unsubordinated notes pay a contingent coupon only if the Oracle share price on each observation date meets or exceeds a coupon barrier; otherwise no coupon is paid for that period. The notes may be automatically called prior to maturity if the share price is at or above the initial level on an observation date, returning principal plus any due coupon on the related call settlement date.

If the notes are not called and Oracle’s final level is at or above the downside threshold, principal is repaid at maturity; if below, repayment is reduced in line with the underlying’s decline, up to a total loss of principal. Payments depend on UBS’s credit. The notes are not listed. Minimum investment is 100 notes at $10 each. The estimated initial value is $9.79 per note. Key dates: trade date October 20, 2025; settlement October 22, 2025; final valuation October 20, 2026; maturity October 22, 2026.

UBS AG filed a preliminary 424(b)(2) pricing supplement for Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock, maturing on or about October 22, 2026. The notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on each observation date, and may be automatically called prior to maturity if the underlying closes at or above the initial level.

If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise, repayment is reduced in line with the underlying’s decline and could be zero. Payments are subject to the creditworthiness of UBS. The notes will not be listed. Expected key dates include an October 20, 2025 trade date and October 22, 2025 settlement. The minimum investment is 100 notes at $10 each. The estimated initial value is expected to range between $9.53 and $9.78 per note.